EUR/USD Approaches 1.1600 Support Amid Diminished Fed Cut Bets
The EUR/USD pair is experiencing its second consecutive session of losses, trading around 1.1610 during Monday’s Asian hours. This depreciation…
Tag: Market Analysis
Silver Price Approaching All-Time Highs Again, According to Commerzbank
Commerzbank commodity analyst Carsten Fritsch observed that yesterday, the price of Silver nearly re-approached its record high of $54.5 per…
Despite Oversupply Concerns, WTI Rebounds Due to Russian Depot Strike and US Sanctions
West Texas Intermediate (WTI) US Oil was trading around $59.50 on Friday, marking a 1.60% daily increase after touching a…
EUR/JPY Sets Fresh Record High, Trades Just Below 180.00 as Eurozone GDP Looms
The EUR/JPY cross is currently on its sixth consecutive day of gains – and seventh positive move in the last…
USD/INR Dips as US Dollar Weakens, India’s WPI Inflation Falls 1.21%
The Indian Rupee (INR) showed a slight uptick against the US Dollar (USD) at the market open on Friday. The…
USD/CHF Price Forecast: Slides for Sixth Straight Trading Day
USD/CHF is slumping for a sixth consecutive session on Wednesday, trading about 0.15% lower around the 0.7990 mark in European…
Gold Pauses Near Three-Week High Ahead of US House Vote
Gold (XAU/USD) was largely unchanged on Wednesday, holding near a three-week peak as investors stayed on the sidelines ahead of…
USD/CAD Finds Support Near {1.4000}$ as Focus Shifts to US Reopening
The US dollar paused its recent slide against the Canadian dollar on Wednesday, with losses capped just above the 1.4000…
EUR/USD pulls back from two-week highs as focus turns to US congressional vote
EUR/USD slipped on Wednesday, trading around 1.1670 at its session low after topping 1.1600 on Tuesday. Traders are keeping risk…
USD/CHF Hovers Near 0.8000 on Growing Fed Rate-Cut Speculation
USD/CHF traded cautiously around the 0.8000 mark in late Asian trade on Wednesday, pressured by a softer dollar amid growing…